ABSTRACT

This chapter analyzes the emerging international law which applies to submarine transboundary hydrocarbon resources. It seeks to determine, the legal limits to the behavior of Mexico and the United States when facing the matter as neighboring States. Few States in the world community have as much experience as Mexico and the United States in dealing efficiently with resources at either side of their border. At the end of 1973 Turkey granted petroleum research permits in the Aegean seabed outside the territorial sea of islands belonging to Greece. Through its action, Turkey claimed that particular portion of the shelf of those islands as its own, a claim not recognized by Greece. When the Senate Foreign Relations Committee conducted hearings on June 12, 1980, a problem developed when geologist Hollis Hedberg stated that the treaty was against the best interests of the United States.